Monday, December 23, 2024
Monday, December 23, 2024
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Debts
Cancel African Nations’ Debts, Caritas Internationalis Urges G-7 Countries Ahead of Summit
The leadership of the global confederation of Catholic relief agencies, Caritas Internationalis (CI), has urged the Group of Seven (G-7) countries, which comprises the U.S., UK, Italy, France, Germany, Canada, and Japan, to consider canceling debts owed to them by struggling African countries.
Catholic Leaders in Africa Join Global Calls to Cancel Developing Countries’ Debts
Catholic leaders in Africa have joined the more than 140 other Christian groups’ representatives from across the world who are calling on the International Monetary Fund (IMF) and the World Bank to cancel developing nations’ debts amid COVID-19 challenges.
